by Ramki | Oct 6, 2008 | Euro
Just to let you know that the EURO will remain under pressure till its medium-term objective near 1.25 is met. Until we get there, it will be easier and more profitable to trade from the short side. When we reach a low-risk sell level, I will inform you through these...
by Ramki | Oct 5, 2008 | Oil
The technical target for oil is in the low $86s. That level also is not far from the 61.8% correction of the rally from 49.90 to 147.27. Once we reach the low 87s, you should be wary of some serious short-covering. That buying could take the commodity back towards 103...